Latest news with #Grab
Yahoo
a day ago
- Business
- Yahoo
Grab Holdings Limited (GRAB) Is a Trending Stock: Facts to Know Before Betting on It
Grab Holdings Limited (GRAB) is one of the stocks most watched by visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this company have returned +2.5% over the past month versus the Zacks S&P 500 composite's +6.4% change. The Zacks Internet - Software industry, to which Grab belongs, has gained 12% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Grab is expected to post earnings of $0.03 per share, indicating a change of +400% from the year-ago quarter. The Zacks Consensus Estimate has changed +50% over the last 30 days. The consensus earnings estimate of $0.05 for the current fiscal year indicates a year-over-year change of +266.7%. This estimate has changed -6.7% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $0.11 indicates a change of +120% from what Grab is expected to report a year ago. Over the past month, the estimate has remained unchanged. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Grab is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For Grab , the consensus sales estimate for the current quarter of $803.19 million indicates a year-over-year change of +21%. For the current and next fiscal years, $3.34 billion and $3.88 billion estimates indicate +19.3% and +16.4% changes, respectively. Grab reported revenues of $773 million in the last reported quarter, representing a year-over-year change of +18.4%. EPS of $0.01 for the same period compares with -$0.03 a year ago. Compared to the Zacks Consensus Estimate of $759.27 million, the reported revenues represent a surprise of +1.81%. The EPS surprise was -50%. The company could not beat consensus EPS estimates in any of the last four quarters. The company topped consensus revenue estimates three times over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Grab is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Grab . However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Grab Holdings Limited (GRAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Effettua l'accesso per consultare il tuo portafoglio
Associated Press
a day ago
- Business
- Associated Press
Aampe Expands U.S. Presence as Enterprises Shift from Rules-Based Journeys to Agentic AI
AI infrastructure company quadruples ARR, processes 100 trillion decisions monthly, and adds former Braze executive Matt McRoberts as Chief Business Officer Aampe, the agentic AI infrastructure company enabling adaptive personalization at enterprise scale, announced today the expansion of its U.S. operations following a year of significant growth. The company has quadrupled its annual recurring revenue (ARR) and is now powering over 100 trillion AI-driven decisions each month for brands across media and entertainment, retail and on-demand commerce, travel and hospitality, and financial technology. Legacy customer engagement and experience platforms are built on rigid rules and static user segments, in contrast to Aampe's infrastructure which deploys autonomous agents that experiment, learn, and optimize consumer participation in real time. The system allows marketing and product teams to evolve from fixed, prescriptive logic to truly adaptive software that aligns with user behavior. Leveraged by innovative global businesses including Grab, Taxfix, Swiggy, Traveloka, and Mr. D, Aampe is helping dynamic teams customize and personalize all surfaces and touch points to dramatically uplevel performance. Conventional approaches to personalizing digital products have relied on humans manually creating rules and segments to determine what users see and when. This approach requires teams to manually orchestrate the message or product surface that will best serve the end user's interests, whether they're making a purchase, evaluating content options, or trying new features. Aampe's infrastructure takes a fundamentally different approach, deploying a unique AI agent for each user that continuously learns from interactions and intelligently decides what to show, when to show it, and most importantly, whether to show anything at all. Designed to continuously monitor usage and engagement data, each agent skillfully observes and learns the user's changing preferences. Agents are then responsible for translating inferences into optimal management of the user's interactions with the product enabling genuine 1:1 personalization even for products that serve tens of millions of users every day. 'Agentic AI is still a new concept for many marketers but the shift is already underway. There's a growing gap between what users expect and what most brands deliver,' said Paul Meinshausen, Aampe co-founder and CEO. 'The answer isn't more segmentation or A/B testing—it's letting software do what it does best, continuously improving based on each individual's behavior.' Rather than using traditional machine learning or generative AI alone, Aampe's infrastructure leverages reinforcement learning to enable continuous, parallelized experimentation. Each agent learns and adapts in real time, helping their user manage their attention and make complex choices in a world of material and content abundance. The agents operationalize their decisions by intelligently managing a range of existing product and marketing tools—including data platforms and warehouses, marketing delivery platforms, and product analytics tools—allowing companies to extract more value from their current technology investments. 'Throughout my career, I've been massively motivated by technology's transformative forces with communications and consumer experiences,' said Matt McRoberts, Chief Business Officer. 'Aampe is foundational infrastructure technology for the next wave of enterprise software and literally rewriting the rules for personalization, growth marketing, and product performance. As AI becomes more agentic, businesses need infrastructure that adapts in real time, learns autonomously, and respects the complexity of individual users. Aampe delivers that at scale and is establishing pole position as the leader in this emerging category.' 'Agentic AI represents a fundamental shift in how software interacts with people—and Aampe is leading that shift,' said Andy Triedman, Partner at Aampe investor Theory Ventures. 'Their ability to operationalize adaptive learning across complex customer environments sets them apart. We backed Aampe because they're not just building for today's personalization challenges—they're designing the infrastructure that will define the next decade of customer experience.' Supporting this momentum, market research underscores a growing demand: Aampe will showcase its latest innovations at the Cannes Lions Creativity Festival and host a Media and Entertainment brunch on June 17, 2025. To learn more about Aampe, please visit If you're interested in working at Aampe, apply online at Aampe Careers. About Aampe Aampe provides infrastructure for agentic AI—autonomous systems that personalize engagement by continuously adapting to user behavior. The platform integrates with marketing and product stacks to deliver experimentation-led, one-to-one user experiences at scale. Aampe supports enterprise clients across North America, Europe, and Asia. For more information, visit Media Contact Kara Silverman [email protected] ### SOURCE: Aampe Copyright 2025 EZ Newswire
Rakyat Post
a day ago
- Automotive
- Rakyat Post
Vehicle Catches Fire On Jalan Bangsar, Abang Grab Comes To The Rescue
Subscribe to our FREE A woman posted on social media platform The incident occurred around 11.30am this morning (30 May) along Jalan Bangsar, and the cause of the vehicle erupting in flames has not yet been determined. According to her caption, a Grab delivery rider advised her to call the emergency hotline, and to set up stools to divert traffic away from her flaming car. Funnily, perhaps written while in a state of panic after being traumatised from the incident, the woman wrote that she was asked to call 911 instead of 999 (Malaysia's emergency hotline for police, ambulance, and fire department). She also made a few amusing typos including calling the 'bombo' instead of 'bomba', but let's cut her some slack. Her car had just burst in flames. 'Bomba and police arrived in minutes, put out the fire, had their investigation team check the car, and DBKL (Kuala Lumpur City Hall) was then alerted to tow the car to the side to stop traffic obstruction. All this within two hours from when the smoke was first noticed,' she said in her Threads post. She extended an apology to people who were caught in a traffic jam at the time due to her vehicle catching fire and thanked the Grab rider, police, fire department, and even some people who were watering plants by the road divider for helping her. How could a car suddenly catch fire? A vehicle Mechanical failures such as the engine overheating also increases the risk of a fire. Fluids in the vehicle such as oil or coolant liquid leaking onto hot engine components could possibly ignite. Watch out for gasoline leaks as well as even a small fuel leak can catch fire if it comes into contact with a spark or hot surface. If you see smoke, smell something burning, or notice your engine temperature rising rapidly, it's crucial to stop the vehicle safely and evacuate immediately. After that, remember to call 999 (not 911) and explain the situation to them calmly, away from the danger. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
New Straits Times
2 days ago
- Business
- New Straits Times
More senior citizens find fulfilment as Grab driver-partners
MANY retirees are looking beyond traditional retirement to stay active, supplement their income and remain socially connected. For some, joining Grab as a driver-partner has emerged as a viable path. With Malaysia expected to become an ageing nation by 2030, Grab continues to recruit senior citizens, aiming to provide them with flexible work opportunities that offer both financial stability and social interaction. FLEXIBILITY AND DIGNITY For 68-year-old Yep Sai Kau, also known as Uncle Yep, retirement was not as relaxing as he had imagined. After spending over 40 years in the insurance industry, he found life at home increasingly difficult. "After six months of doing nothing, I started feeling unwell, with frequent headaches and dizziness. My son told me, 'Dad, you're not the type who can sit still.' So, I looked for something to keep myself occupied," he said. In 2017, Yep joined Grab. He appreciated that he could choose his own hours, earn a decent income, and avoid the rigid structure of a full-time office job. "With Grab, if I earn RM100 a day, that's about RM3,000 a month. I drive from 7am to 3pm, then rest. If I want to take a day off, I just do it," he explained. Now in his sixth year with Grab, he says the job has given him more than just income. "Some customers even give me biscuits or tips. I keep sweets in my car for the children. Seeing them happy makes me happy too," he added. FINANCIAL RELIEF Baharudin Wahab, 64, a former Employees Provident Fund (EPF) officer from Kedah, faced similar challenges after retiring in 2021. "The first two weeks were fine, but by the third week, I started feeling lonely. I still had two children in university. One has a scholarship, but the other relies on me," he said. He considered other roles, including lecturing, but ultimately chose Grab for its flexibility and income potential. "I didn't want to be tied down to a strict schedule after 30 years in the workforce. "With Grab, I can make around RM4,000 a month gross, which covers my children's tuition and our daily expenses. The best part is, I don't have to touch my EPF savings," he added. SUPPORTING ELDERLY DRIVERS Beyond flexibility, Grab offers a range of benefits that senior citizens can rely on. For example, they can enjoy access to GrabBenefits, which is a specially-designed benefits programme available to all Grab driver-partners, also known as Rakan Grab. Here, they can enjoy medical discounts, fuel rebates and vehicle maintenance packages that help reduce costs, among other perks. For those without a car, Grab's vehicle rental partners offer options that allow driver-partners to start driving without large upfront investments. "Even if you can't afford a car, you can still rent one. You don't have to drive long hours. Just go at your own pace," Yep said. Grab also places a strong emphasis on safety and well-being. Features such as real-time trip monitoring and emergency support help give peace of mind to older drivers and their families. Drivers can also share their live location with loved ones and access 24/7 assistance if they feel unsafe during a ride. "If I stop for too long, Grab checks in to make sure I'm okay. That's very reassuring," Yep added. Both drivers have reported an enriched experience thanks to a renewed sense of purpose and community. Yep shared a particularly moving experience: "I once picked up a disabled passenger who had to lie down during the ride. After I helped him into the car and dropped him off at the hospital, he hugged me and cried, saying I reminded him of his father. I didn't charge him. I just felt grateful I could help." For Baharudin, the job is also therapeutic. "It's not just about money. Driving keeps me active, mentally and physically. "You meet people, see the outside world, and time passes quickly. Sitting around doing nothing only invites illness," he said. OPENING DOORS FOR SENIORS As more retirees look for ways to remain independent, Grab offers a realistic solution with no age discrimination, low entry barriers and a strong support ecosystem. For instance, Grab fully subsidises onboarding costs for Grab driver-partners, which means zero cost to start driving with Grab, subject to terms and conditions. Subsidised items include PSV training and license fees, medical checkups, as well as e-hailing vehicle permit (EVP) and Puspakom fees. These come in addition to the perks previously mentioned, such as fuel rebates, vehicle rentals and maintenance packages. "Many of my friends are now driving for Grab. Even if you can't afford a car, you can still rent one. You don't have to drive fast or take long hours. Just go at your own pace," Yep said.
Euronews
2 days ago
- Euronews
Australian man arrested for allegedly smuggling cocaine into Bali
Authorities in Indonesia have arrested an Australian man for allegedly smuggling cocaine on the tourist island of Bali, a charge that could carry the death penalty, officials have said. Lamar Aaron Ahchee, 43, from Cairns in north Queensland, was arrested last Thursday after police raided his rented house near Kuta beach, a popular tourist spot, and seized 1.7 kilograms of cocaine in 206 plastic bags, along with a digital scale and a mobile phone, Bali Police Chief Daniel Adityajaya said. The arrest followed an investigation conducted by Bali Police anti-drug surveillance teams who reported the man had received two suspicious packages sent by mail from England, Adityajaya said. "He is suspected of importing or distributing class one narcotics," Adityajaya said at a news conference in the provincial capital, Denpasar. "He is threatened with the death penalty or life imprisonment." Adityajaya said a preliminary investigation showed that the Australian had ordered a motorcycle taxi driver through the Grab online service on 21 May to pick up two packages at a post office in Denpasar. The driver was told to hand the two packages to a motorcycle taxi driver from another online service, who was ordered to deliver them to Ahchee's rented house, Adityajaya said. Adityajaya said the suspect told authorities during a police interrogation that he was asked by someone he referred to as "Boss," to take the package and distribute it in Bali. He was promised 50 million rupiah (€2,660) for handling the cocaine. On Monday, police presented the accused at the news conference where he was wearing an orange detainee jumpsuit and a mask, with his hands handcuffed. The man did not make a statement. One of his lawyers, Edward Pangkahila, said his team would accompany his client during the police questioning "to see the progress of the investigation." "He is not the owner of the cocaine, he is just a user," Pangkahila said, "The police must be able to chase and arrest the person who is acting as his boss, to reveal this case fairly." The Southeast Asian country has extremely strict drug laws and convicted smugglers are sometimes executed by firing squad. The United Nations Office on Drugs and Crime says Indonesia is a major drug-smuggling hub despite having some of the strictest drug laws in the world, in part because international drug syndicates target its young population. On Tuesday, Denpasar District Court handed a 10-month prison sentence to Thomas Parker, a British national who was arrested in January after he collected a package containing drugs from a motorcycle taxi driver. Indonesian authorities arrested an Argentinian woman and a British man in March for allegedly smuggling 324 grams of cocaine on Bali. About 530 people, including 96 foreigners, are on death row in Indonesia, mostly for drug-related crimes, the Ministry of Immigration and Corrections' data showed.
